Italian businesspeople seek business opportunities in Mozambique

13 May 2014

A business mission from Italy is due to travel to Maputo, Mozambique fro 19 to 21 May to analyse investment opportunities offered by the East African country, Italy’s Foreign Trade Agency said.

The mission is the first of the “Africa Plan” initiative set up by the Italian ministries for Economic Development and for Foreign affairs and will include the deputy minister for Economic Development, Carlo Calenda. On a visit last year to the Maputo International Fair Calanda said Mozambique  was a priority for the Italian government and private sector.

The mission will involve three days of meetings with Mozambican businesspeople and institutions from a variety of sectors, notably the agro-industrial, construction, banking, oil and gas, renewable energy, fishing, health and environmental sectors.

As part of the visit the Foreign Trade Agency, the Italian Embassy and the Confederation of Italian Industry (Confindustria) have organised a number of meetings for 20 May between Italian companies and their Mozambican counterparts.

In 2013 Italian exports to Mozambique totalled 60 million euros, or 28 percent more than in the previous year and its imports from Mozambique also rose by 28 percent to 354 million euros. (macauhub/MZ)